Real Estate Blog

The United States is at the beginning stages of an incredible economic turning point dubbed the “Great Wealth Transfer.” As the financially successful Baby Boomer generation ages and passes over the next 20 years, it is estimated that over $30 billion in assets will be transferred from them to the Millennial generation.

Unfortunately, much of this wealth may pass without proper wills and instructions in place. Without proper estate planning, the left-behind assets, including inherited property, can create enormous legal headaches in the probate process. When a person dies without a will, the process of selling off and dividing the remaining estate can become a complicated issue.  

Providing a win-win solution to tough probate deals with probate wholesaling can be an incredible strategy for savvy real estate investors to implement. 

In this article, you will learn:

• How probate deals generally work and who the key players are in executing an estate
• How real...

If it’s done the proper way, wholesaling real estate can be a rewarding and lucrative endeavor. But to get your wholesaling business off the ground, you need to know what’s legal and what will land you in hot water.

Even if you stay on the right side of the law, you want to be as efficient as possible, saving you time, money, and most of all, frustration. Wholesaling real estate is legal in all 50 states, but there are specific laws and regulations you must follow to ensure you’re in full compliance.

Here’s what you need to know if you’re considering the launch of a wholesaling business.

• What Is Wholesaling Real Estate?
• Wholesaling Real Estate Legally (3 Methods)
• Is Co-Wholesaling Real Estate Legal?
• Is Reverse Wholesaling Legal?
• How Is Wholesaling Real Estate Legal?
• Do You Need A License To Wholesale Real Estate Legally?
• What Are The States Where Real Estate Wholesaling Is Legal?
• Final Thoughts On Wholesaling Legally As A Real Estate Investor

...

Building an accurate and robust absentee owner list is a powerful tool for any successful real estate investor to have in his or her toolbox.

With the 2020 housing market continuing to show nationwide inventory shortages, record-high prices, and a robust sellers’ market, real estate investors must get creative and think outside the box to find motivated sellers and potential investment or off-market properties.

An accurate absentee owner list can become a powerful source of future leads for an investor to continuously pull from and leverage to find great deals.

In this article, we’ll break down the mechanics of creating and nurturing an absentee owner list, including:

• Knowing how this list tool can create a continuous income source
• Understanding the tools you will need to create an absentee owner list
• Knowing where to locate absentee owners and how to stand out from the crowd
• Understanding how to work with absentee owners to reach a successful closing

Ready to learn...

Everyone has received mailers in their lifetime, whether it’s postcards, letters, catalogs from companies, or personal letters from friends and family. According to a survey done by Epsilon, “77 percent of consumers sort through their physical mail as soon as they get it.”

A direct mail marketing strategy like sending yellow letters is one of the most effective marketing pieces to grab the attention of property owners and secure consistent real estate opportunities.

Moreso, “98 percent of people check their mail daily,” so the chances of an addressee coming across your mailer are extremely high as long as you have the right mailing address.

By reading this guide, you'll learn exactly how to use yellow letters as part of your overall strategy to land more real estate deals!

Let’s dive straight into Yellow Letters: The Ultimate Guide For Real Estate Investors! Use this menu to jump to your section of...

As today’s climate of record low inventory and record home sale prices continues, real estate investors must understand and implement a wide variety of tactics and strategies to keep their portfolios alive and profitable.

When done correctly, a double closing allows investors to move quickly on acquiring investment properties with minimal capital. Utilizing a double closing is a creative exit strategy for real estate wholesaling.

In this ultimate guide, we’ll break down everything you need to know about using the double closing method. 

After reading this article, you’ll learn the following:

1. You’ll know the difference between assignment and double closing.
2. You’ll know how and when to use an assignment or double closing to your advantage.
3. You’ll have a new exit tactic to add to your real estate investing strategy.

We hope you enjoy Double Closing: The Ultimate Guide! Let’s dive in and learn how to close more deals!

• What Is A Double...

With more time spent at home, you may catch yourself channel surfing more than usual, trying to help the family find something new to watch. Well, what if we told you that you could get a good source of entertainment AND learn something new all by watching one show? Too good to be true? Well, we’ll change that for you. 

There are a wide variety of house flipping shows that give you insight into what the business entails. Some may watch these just to pass some time and others may use this as inspiration to take on their own projects and gain a little profit within the house flipping business. 

House flipping is a great investment opportunity that will provide you with a great profit if it is done correctly. According to ATTOM Data Solutions, the gross profit from house flipping increased to $62,300 within the first quarter of 2020. Although the future may be uncertain, you may still have a great chance of gaining that profit.

Regardless of your intentions,...

In today’s ever-changing economic and real estate climate, it is vitally important for real estate investors to understand and implement many types of investing strategies. This will help them pivot effectively and maintain a strong position should the real estate market unexpectedly turn.

Understanding wholesaling lease options is a versatile strategy for new and experienced investors alike. Whether real estate is your part-time or full-time job, this is a terrific option to add to your real estate investing portfolio.

By reading this ultimate guide on wholesale lease options, you’ll enjoy the following benefits:

• Learning a creative way to formulate and exit your real estate deals
• Discovering an investing strategy that requires no upfront capital or financing
• Learning how to wholesale lease options while minimizing your own investing risk
• Understanding a new way to diversify your real estate portfolio while staying on the cutting edge of investing market trends

...

When you’re in the business of rehabbing and reselling properties, you know the finding the right lender for the job is one of the most important parts.

Hard money loans are often an ideal solution for real estate investors and wholesalers that have a well-researched plan for an investment property but require financing fast.

Here’s what you need to know about hard money lenders and how to find the right one for your project.

So, let's get right to it! In Hard Money Lenders 101 we'll cover:

• What Is A Hard Money Lender?
• How Does Hard Money Lending Work?
• How Do Hard Money Loans Compare To Traditional Loans?
• What Are Typical Hard Money Lending Rates?
• What Are The Benefits of Hard Money Lenders?
• What Are The Disadvantages of Hard Money Lenders?
• How To Find A Hard Money Lender?
• What Is A 100 Hard Money Lender?
• Do Hard Money Lenders Provide Proof Of Funds?
• Best Hard Money Lenders Florida
• Best Hard Money Lenders California
• Best Hard Money Lenders Houston

...

Real estate is an innovative industry where a lot of money is made in all sorts of investment strategies. Whether you're selling homes as a real estate agent, house flipping, or generating cash flow from a buy and hold rental property, the opportunities are abundant.

One of our mottos here at Real Estate Skills is Work Smarter, Not Harder. In this article, we're going to reveal what we believe is one of the best opportunities in real estate today to do just that. We're talking about reverse wholesaling.

Reverse wholesaling is very similar to traditional real estate wholesaling, but with several key benefits that we'll cover including:

• Having a more reliable exit strategy
• Creating meaningful relationships with cash buyers
• Aligning yourself with private and hard money lenders

Interestingly, the real estate wholesaling business provides attractive opportunities for new investors because it requires little to no money to close a...

Wholetailing? Is that a typo? You mean wholesaling, right? Not necessarily!

Wholetailing is a hybrid real estate concept in the world of real estate investing. Wholetailing combines the principles of wholesaling and rehabbing a distressed property.

It is a relatively newer investing concept and is utilized by novice and experienced real estate investors alike. Wholetailing is a unique strategy because it allows a lot of flexibility around purchasing, financing options, potential buyers, and investing exit strategies.

Wholetailing can also be part of a larger strategic financial portfolio, providing passive income and financial security to your family for many years to come. 

With average life spans increasing every year (now at 78 years old), it is critical for investors to create thoughtful and sustainable portfolios now.

In this article, you will learn all of the benefits of adding wholetailing to your real estate investing strategy, including: 

• Accessing a wider...